Lyric, Short-Term Rental Startup Backed By Airbnb, Shuts Most Locations As Co-Founder Departs

Lyric, Short-Term Rental Startup Backed By Airbnb, Shuts Most Locations As Co-Founder Departs

Lyric, Short-Term Rental Startup Backed By Airbnb, Shuts Most Locations As Co-Founder Departs

Lyric, a short-term rental startup that raised $180 million from Airbnb and other investors, has shuttered all but one of its locations, making it the latest travel company to be defeated by the Covid-19 pandemic. San Francisco-based Lyric will now shift focus to software tools including an existing pricing tool for accommodation, two people familiar with the matter tell Forbes.

By Miki